Tag Archive: budget cap

Jun 29

Campos on track despite no budget cap

Our car will be 2WD without the possibility to refuel and without KERS

The 2010 debut of the new Spanish formula one entrant Campos is still on track despite the scrapping of budget cap rules. The Spanish outfit signed up for next year’s championship on the basis of the FIA’s published regulations to limit technical spending to 45m euros per team per season.

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Jun 26

How FOTA deal will affect F1’s other teams

Everything depends on the new Concorde Agreement

With an uneasy peace now declared between the FIA and the eight FOTA teams, attention is turning to the five formula one outfits that sat on the outside of the dispute. Williams and Force India were expelled from the teams alliance for breaking ranks, while new teams US F1, Manor and Campos also agreed to Max Mosley’s proposed budget cap for 2010. Read the rest of this entry »

May 15

Stewart slams Mosley’s budget cap plans

The sport is huge and it will continue no matter what

Habitual Max Mosley critic Sir Jackie Stewart has slammed the FIA president’s efforts to set a budget cap for formula one teams.

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May 15

Hamilton likens F1 sagas to ‘jail’

Hamilton ‘not bothered’ by budget cap fight

2009-05-14 - Monaco GP - McLaren - Steinmetz 03Lewis Hamilton has likened his current state of mind in formula one to wrongful imprisonment. Read the rest of this entry »

May 09

Toyota threatens to quit, Mercedes committed

Entries for 2010, to accompany a 309,000 entry fee, close on May 29

News fluttered around the Barcelona paddock after qualifying that Toyota is threatening to quit formula one over the “budget cap” row with the FIA.

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May 02

F1 could live without Ferrari – Mosley

Ferrari is the sport’s most famous, successful and longest-serving team, Max Mosley insists

The FIA president’s disquieting comments come after war threatened to break out between the Paris body and Maranello based Ferrari, enraged at the introduction of budget caps. Read the rest of this entry »

Apr 26

Williams wants budget cap for 2010

In Bahrain

Leading lights of FOTA have made clear their trepidation about Max Mosley’s plans for a low budget cap next year. Read the rest of this entry »

Apr 24

Prince says Mosley now welcome in Bahrain

Mosley tempts big teams to join budget cap

Max Mosley is once again welcome on the island Kingdom of Bahrain, Crown Prince Sheikh Salman bin Hamad al-Khalifa insists. Read the rest of this entry »

Mar 18

Bernie dismisses budget cap criticism

I want 26 people on the grid

Bernie Ecclestone has brushed aside the criticism of F1’s new voluntary budget cap for 2010. Read the rest of this entry »

Jan 18

Mosley pushing for F1 budget caps

Max Mosley has proposed a budget cap

The ideal solution to formula one’s need to drastically cut costs. Read the rest of this entry »

Jul 03

FIA to drop budget cap rule altogether?

New rules for 2011

It is now not clear if annual budget caps will be introduced in formula one at all. Read the rest of this entry »

May 16

FIA proposes $170m budget cap for 2009

F1’s governing body is proposing a three-stage imposition of the annual teams’ budget cap, beginning next year

The German magazine Auto Motor und Sport cites the information of independent team co-owner Sir Frank Williams in revealing that the proposed cap will be made more severe every year until 2011. Read the rest of this entry »